Milaha has signed a one-year feeder agreement with Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat), to transport up to 150 000 TEUs of petrochemical exports from Qatar. The contract was signed during a ceremony attended by H.E. Sheikh Ali bin Jassim Al Thani, Chairman of Milaha’s Board of Directors, Mr. Abdulrahman Essa Al-Mannai, President and Chief Executive Officer of Milaha, and members of the executive management of both companies.
The contract, effective from 1 April 2016 and until 31 March 201,7 is an extension of a previous two-year feeder contract between Milaha and Muntajat. Milaha will support Muntajat in the optimisation of vessel sizes to improve operational efficiency.
Milaha’s Chairman, H.E. Sheikh Ali bin Jassim Al Thani, said: “Milaha is proud of its longstanding partnership with Muntajat. Our strong cooperation, firm commitment, and effective communication have been the key to our successful collaboration with leading Qatari firms for over 30 years. The extension of our feeder partnership with Muntajat is in line with our vision to establish strategic and long-term partnerships with local companies to contribute towards Qatar’s economic growth. Our core operations around Qatar provide optimal flexibility in response to any sudden changes in the business environment.”
“Milaha will continue to serve Muntajat in the best manner possible. We are confident that our fleet will fully satisfy the requirements of Muntajat in exporting petrochemicals from Qatar to the rest of the world. In line with our promise of continuous service enhancements, we will support optimisation with larger vessels, berthing priority in Jebel Ali Port in Dubai, co-loading from CT7, and fixed berth windows in the network to accommodate timely and efficient operation in Mesaieed port,” added Milaha’s President and CEO Mr. Abdulrahman Essa Al-Mannai.
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/20042016/milaha-wins-feedering-contract-extension-with-muntajat-3074/